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Search Results 0 to 49 of about 108 (some duplicates have been removed)
a false argument to say we have a spending problem. we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it's a googood time for us to act to loather deficit. we think the deficit and the national debt are at a moral level. we think they must be reduced. we're sick and tired of paying interest on the national debt. that's 15%. that's a large percentage of the budget. >> joining us now is the anchor of "fox news sunday" chris wallace. good morning, chris. >> how are you, eric? >> eric: we heard her say that the national debt is at immoral levels. how do we fix it? what would you say? >> well, the pressure the president -- expression the president used a lot during the campaign, and you know what that means. i suspect it's very different than the republicans, but also yes, tax increases and spending cuts. no more raising of rates but there's a lot that can be done in taking away loopholes, dehe duckses on the wealthy, do away with the subsidies to the oil companies, the buffett role that anybody who makes more than a million dollars
of the administration, the deficit tripled, the previous record high deficit in this country, to $1.4 trillion. $1.3 trillion in f.y. 2010. $1.3 trillion in 2011, $1.2 trillion in f.y. 2012. and, mr. speaker, there's no plan that the administration has produced to get us from where we are, fiscal irresponsibility, to a point in the future of fiscal responsibility. mr. speaker, we've been doing our part here in the house, we've been proud to work together across the aisle in order to pass budgets that tackle those hard challenges that are ahead of us. if you go and read the president's comments, mr. speaker, you'll see that he recognized the challenges are hard. the question is, are we going to deal with those or not? i hold here, mr. speaker, a speech that the president made to the democratic national convention on september 6, 2012. where he said this, i will use the money that we're no longer spending on war to pay down our debt and put more people back to work. and my notes here said it was followed by extended cheers and applause. i suspect my friend from massachusetts supports that spirit who
are worried about continued government spending and the deficit. when asked the question, president obama says the government doesn't have a spending problem. do you think it does? 83% say yes and 14% say no. more say cutting government spending will likely strengthen the u.s. economy. that's 73% to 15%. will it? look at the clicking national debt clock. it's like a las vegas slot machine. with us, one of the u.s. senators will it attend the state of the union. angus king, independent of maine. >> great to be with you. i saw you had john bolton on. i don't think you should have eand i on the same program. i've been many for him in airports. >> i'm glad you're here. in dealing with the deficit, dealing with this spending, we just saw the clock, going and going. what do you think the president should say? what would you like to hear tuesday? >> let's talk about the spending separately. what i would like to hear is proposals for strengthening the economy. the debt and deficit problem is also a problem of economic growth. we don't have too many economic problems that a few extra points of gdp grow
.s. and more made in america products shipped overseas, the u.s. trade deficit fell sharply last month. the combination now has economists believing the economy grew in the last few months of 2012, even though data out last week showed the economy fell slightly in the fourth quarter. but a closer look shows some cause for caution. darren gersh reports. >> reporter: the december trade numbers were much better than forecasters expected. the deficit between what the u.s. exports and what we import fell 21% to $38.5 billion. and that means exports likely boosted growth in the last three months of 2012. >> so this is a good sign that exports were a little stronger than we thought when the numbers were first estimated and that is obviously a good sign for the economy. again, the economy is obviously growing way too slowly, but at least on this note, i think it will be revised upward. energy is a now a bright spot for the u.s. economy. thanks to new fracking technology, surging domestic production cut crude oil imports last year by 227 million barrels. but tt success was offset soewhat by imp
proposals for deficit reduction. the president told super bowl fans reducing the deficit will require more taxes. >> can we combine some smart spending cuts because there's still some waste in government, can we reform our health care programs in particular and can we close loopholes and productions that folks who are well connected and have a lot of accountants can take advantage of. there's no doubt we need additional revenue coupled with smart spending reductions in order to bring down our deficit. >> president also warned congress about the danger of alowing the sequester to go into effect. >> washington cannot continually operate under a cloud of crisis. that freezes up consumers, gets businesses worried. we can't afford the self-inflicted wounds. >> no another tweet david plouffe said message delivered to big audience on balanced budget, deficit reduction, economy growth. on abc, an unlikely name was invoked for direction. >> i think what we need to do is do some things mitt romney taungd abo talked about. he said there are tax loopholes that should be closed. there are efforts being
that john boehner said about how we have handled deficits over the years. let's listen to this. >> at some point, washington has to deal with its spending problem. now, i've watched them kick this can down the road 22 years that i've been here. i've had enough of it. it's time to act. >> that is -- i'm trying to think of a word other than lie. kick the can down the road? we had a big tax increase in 1993 with president clinton along with big spending cuts. >> right. >> it was a deficit reduction package that worked. they continued to do more deficit reducing package with newt gingrich on the spending side throughout the decade and we're on our way to a surplus. >> that's right. i've been calling it the undecade, the 1990s has been written out of their record. they would have you believe that it was always the way it was under reagan and then bush. >> why don't they just say, leave off the clinton tax increase, which helped a lot, and just claim they did it for spending cuts? >> because if they do, if they admit that something nice happened in the '90s, they have to say, what happened after
to healthcare. 30% say they are concerned about the economy followed by education and the federal deficit. other top concerns include the decline of moral values, job market, gun laws and taxes. shara joins us staff writer for roll call. president was criticized for failing to talk about in his inauguration address the most important issues plaguing americans, joblessless ns and economy. would you expect him to talk about this time? >> absolutely. you are right. just a few weeks during inauguration address, president threw a lot of bones to his party. mentioned climate change and gun control and all these issues, everything we heard from the white house indicates that the president's state of the union is going to be a very different speech. they say it is going compliment his inauguration speech but it's going to focus on economic issues. >> gregg: i wonder what he can say. look. facts are difficult. unemployment is worse than when he took office. nonpartisan cbo says it is not going to get any better. they say it's going to be about 8%. they also say that obamacare and his promise of keeping y
about deficits, we are buying in to the right wing mantra somehow deficits are killing the economy. look at great britain and doing with their austerity plans and doesn't add up. i'm much more of the mind to be proactively looking at infrastructure investment like many of the business advisers told president obama should happen. people from commerce, from industry. i get it. that won't happen as long as house republicans are dead set against it. and what we're left with is unfortunately in my view a detente to put the discussion in the frame the republicans want. what about deficits? we have a jobs crisis in this country. not a deficit crisis. to me, the whole conversation has been pushed to the right further than it should be. >> and karen, on a last note, in anticipation of the president's speech, the white house released numbers on the people affected by the cuts. i believe around 600,000, between 600,000 and 800,000 suffering as a result of cuts to food stamps and other program that is people need to survive these days and at least some of the analysis out there, democrats feel that
we're going to get these defense cuts and deficit hawks, conservatives, tea partiers are putting moderate republicans in a bind saying this is cutting our deficit. let's go for it. >> the grand irony, of course, is the fact that the number -- if you poll people their number one issue is jobs, right? it continues to be jobs. and $120 billion austerity crunch, the numbers being bantered around, in exchange for the sequester, which is like $85 billion. whatever it is, right, that's a big chunk. that will have an effect, negative jobs effect, no question. >> it is going to have an effect, i agree with you, chris. here is what i think. i think it is a risk. there will probably be a small recession. we had a .1 decrease in gdp last time. this deficit is a real problem. this is where i depart from paul. who am i to depart from paul? a nobel laureate. >> we'll ask him. >> this is about the best deal we'll get out of the right-winged crazy people in the house. >> because it's balanced and -- >> it doesn't really touch -- there's no better deal progressives are going to get out of this oth
with smarter spending reductions to bring down the deficit. we can do it in a gradual way so that there is less of an impact. these deductions that certain folks can take advantage of, the average person cannot. not everyone has access to cayman island accounts, the average person does not have access to carry interest income, where they wind up paying a much lower rate on the billions that they earned. we want to make sure that the whole system is fair and transparent and that we are reducing our deficit in a way that does not hamper growth and reduce the kinds of strategies that we need in order to make sure that we are creating a strong middle-class. host: jim from south carolina, on the republican line, good morning. caller: how are you? host: well, thank you. caller: you keep mentioning and hearing people talking about pensions, but pensions are just invested the same way that 401k is. stocks and bonds. people with pensions lost money as well. i heard cases where people were not going to get as much money. if someone is manages their 401k, i do not know, it needs to be managed properly and
've taken. they've taken three quarters of the potential revenue for deficit balancing off the table. >> they is? >> congress. >> or are we saying the democrats, the president? >> everybody. this is what they all agreed to, right? so that's problem number one. problem number two is on the spending side, now are we going to make serious cuts or not? i don't think they are unless we go over the cliff. there's not going to be any opportunity to cut pentagon spending in any serious way if you don't go over the cliff. so there is some stuff in there that i as a democrat don't like. but i think everybody's going to put something in the pot in order to balance the deficit. we did a lousy job in january on the tax side and i hope that -- i think it's better to go over the cliff than do a lousy job -- >> how many people do you know on your side of the field who actually agree with you? >> very few. look they're politicians. they want to spend as much money as they possibly can and they don't want to pay for it. >> who agrees with you? >> oh, i don't know. i bet -- oh, god, joe agrees with me.
with a record debt and deficit, threat of global warming, threat of global poverty, of pandemics, of national security challenges like continuing war on terrorism, the instability of iran and north korea, rising powers, turmoil across the middle east, turmoil in north africa, the proliferation of weapons of mass destruction and the growing threat of cyberattacks. how we confront these problems, how we deal with these challenges will in many ways determine that future course of america. it will determine whether the united states will be a leader in the 21st century or whether we will be just another failed empire in history. to succeed we will depend on the resilience of our economy, the strength of our diplomatic and military institutions and above all, the effectiveness of our political system that underpins in many ways what we do as a country. and that brings me to what i see as perhaps the most urgent task facing this nation and facing all of us and that is overcoming the partisan dysfunction in congress that poses a threat to our quality of life, to our national security, to our economy
in his weekly address. financial issues like the deficit will be part of his state of the union address tuesday. the president is also expected to define his second term agenda and that is the hot topic on this week's fox news sunday. host chris wallace joins us with a preview. good morning, chris. >> hey, melanie. >> fill in the blank, the state of our union is. i wonder how your guests this morning will complete that sentence. >> well, it's funny, because it's kind of a reporters' game, you wonder what the president will say. i will say this, it may be that it's strong but needs to get stronger or something. they're never going to say it's weak, because that would be a bad reflection on them, unless they're just coming in to replace the other president. on the one hand he's got to deal with spending cuts. $85billionof automatic cuts that kick in at the end of the month. it's really only a couple of weeks away. he and the democrats want to see a mix of spending cuts, but also more tax increases. republicans saying no, we gave you the tax increase on the fiscal cliff. we want this to be
of a man, but he actually tripled the deficit and debt and expanded the size of government to or proportions, the same as george bush and republicans always blamed democrats, even though clinton and obama both have lower the deficit if you look at the treasury's website for every fiscal year. every single republican from nixon to george bush as we expanded the deficit greatly. the congress didn't change. it is just the president, but it's always blamed on congress. whenever credit given, they want all the credit, none of the responsibility. republicans will say divisive things. zero, this birth certificate or you're not american enough for denver. >> guest: three things. as a general matter, members of those party blame the other party. president obama more than any in my lifetime has landed the republican party and generally been whining or can need more excuses than any president. he seemed as if he couldn't give a speech for a while without claiming everything, including athletes foot on george w. bush. that gets tiresome after a while. but the criteria is claiming the o
're brewed by starbucks. coming up next, how can washington solve the deficit and spur growth? "new york times" washington bureau chief david leonhard may have the answers, and he joins us live next. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ if you don't have something important to say? [ female announcer ] some people like to pretend a flood could
up next -- >> our deficit is a big problem. think about it. and our national debt, $16.5 trillion. you think that's not a lot of money? >> sean: with the president steps away, my next guest had the courage to speak truth to power. world-renowned surgeon dr. benjamin carson joins me after the break. and we're tracking the super storm blizzard now battering the northeast. a live report on that storm is coming up next. we continue to monitor the situation and manhunt in california right here on "hannity." [ male announcer ] i've seen incredib things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ hmm, we need a new game. ♪ that'll save the day. ♪ so will bounty select-a-size. it's the smaller powerful sheet. the only one with trap + lock technology. look! one select-a-size sheet of bounty is 50% more absorbent than a full size
in education, boosting clean energy production, and reducing the deficit. does that sound like a jobs plan to you? >> well, it certainly -- i certainly think the american jobs act that i keep saying, it sounds like a talk point, but in that we should pass. and that is up to the house republicans to get that through. but i think that part of the problem for the president is that he has been beating the same drum repeatedly over and over and over again and he keeps coming up against republican opposition in the house. brad said that we have a spending problem. i agree that there are things that we need to look at to make sure that our deficit is under control. that's more of a long-term problem. in the short-term, we need to spend more to get the economy back on track. >> no, quite the contrary. rick, we spend too much money. our economy is not growing because people are fearful. one of your great here rose, bill clinton, said there is about $2 trillion that people are sitting on. why? because they have no confidence in sure ty in the marketplace. we have a democrat senate that hasn't produc
your thoughts. >>> and coming up next -- >> our deficit is a big problem. think about it. and our national debt, $16.5 trillion. you think that's not a lot of money? >> sean: with the president steps away, my next guest had the courage to speak truth to power. world-renowned surgeon dr. benjamin carson joins me after the break. and we're tracking the super storm blizzard now battering the northeast. a live report on that storm is coming up next. we continue to monitor the situation and manhunt in california right here on "hannity." >> sean: this is a fox news alert. a historic blizzard is now pounding the northeast, bringing massive amounts of snow, very high winds. some parts of new england should see more than 2 feet of snow. experts say this could be the biggest storm on record. here with more on the blizzard being called nemo, rick reichmuth. what's the latest, silk. >> the two storms have completed the process of merging. now we'll continue to see the storm strength, which means heavier snowfall rates and stronger winds coming in. take a look at the radar picture. where you s
higher than the payments, you increase the deficit. and therefore i think this is unacceptable. >> fresh disputes are already on the hordsen. one thing is for sure. subsidies to farmers will be significantly reduced although they remain the biggest item on the budget. the planned budget would also put aside 6 billion euros to fight youth unemployment, an ongoing problem in europe's troubled economies. >> the chancellor has only returned but she is already facing her next big challenge. the future of her education minister. she was stripped of her docket rat last week after the university of deucele doverdor of ruled she had deliberately plagiarized her dissertation. she said she'll challenge that decision in court. opposition parties are demanding her resignation saying she is no longer credible as the minister. >> a food scandal in europe involving horse meat in processed food has spread with the recall of products from french and swedish stores. swedish food minister acted the day after it recalled its beef la sag in a. the product contained as much as 100% horse meat. the food safety
nancy pelosi said pretty much exactly the same thing. while admitting that our debt and deficit are at record levels she calls, quote immoral. >> it is almost a false argument to say with very a spending problem. we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it is a good time for us to act to lower that deficit. we think that the deficit and national debt are at a immoral levels. we think they must be reduced. we're sick and tired of paying interest on the national debt. and that 15%, that is large percentage of the budget, the interest on the national debt. it is lower now because of the lower interest rates. martha: hmmm. what do you think about that? send us a tweet @marthamaccallum or @billhemmer because that is an interesting statement from nancy pelosi. she suggested that tax reform instead of spending cuts as a solution could get things back on track. it is interesting, bill. we're hearing so much talk about closing loopholes and things along those lines which conservatives wanted to do the first time around.
understand -- i believe the american people understand that yes, we need to reduce the deficit, but it shouldn't just be on the backs of seniors. it shouldn't just be on the backs of young people trying to get a college education. >> the president won the fairness debate in the fall. that's what the election was all about. today, the president said that argument will define the fight ahead on guns, immigration, women's rights, gay rights. the whole agenda. >> the question i will ask myself on every item, every issue, is is this helping to make sure that everybody has got a fair shot and everybody is doing their fair share and everybody is playing by the same rules. >> this president is gearing up to push for real change. and he's compared to confront the gop if they don't want to compromise. joining me now is congresswoman james shakowski who was at the democratic retreat with the president. she's part of the progressive caucus which produced his own plan this week to trim the deficit without cuts to our safety net. congresswoman, let me go to you first. the president made it c
to three is good. butler built a 17-point lead and gw does rally. the final minute, the deficit down to 5 and smith misses in the lane. the battle for the rebound and tipping it in finally. the colonials full -- pull to within 3. the one-possession game and under a minute to g. four seconds left, gw down 3. the inbound bound to joe mcdonald and loses the ball. appears to be fouled and kroma unable to get the shot off and lonagan want wants the fall and doesn't get the foul and falls to 14th-rank butler, 59-56. >>> and hughet and george mason hosting the delaware blue hens in fairfax and starting in the first half. the patriots trailing by 5. allen gives to okalosha hitting the 3-pointer, the deficit down to two and that is as close as george mason gets. the second half, mason down 6 and jonathan arledge misses from the stop and there is no luck with the rebound. and ahead to -- forward with the dunk and falls to delaware, 79-72. >>> the tech square off today and the hokies, they would miss the first 10 shots. yes, i said that and scoring the first, seven minutes into the game. eric gree
to the deficit. on that list of attendees for that meeting include marshall fitz from the center for american progress. ben jealous from the naacp and richard from the afl-cio. later in the day the president is meeting separately with a group of business leaders. that includes lloyd from goldman sachs, from yahoo and kent from coca-cola. congress has the next three and a half months to run up the deficit as much as it wants. the house and senate extended the debt ceiling. president obama has signed the no budget, no pay act of 2013. not only does that put off the nation's debt obligations until may 18th, it also withholds pay for a number of congressmen and womenless women unless they pass a budget by april. >>> eight senators have voted to block the violence against women act. that bill would protect victims of domestic violence and this particular version extends that care to illegal immigrants, native americans and lgbt members. senators who voted against considering that bill include ted cruz, marco rubio and rand paul, all republicans. more bill's up next. stay with us. to me now? you k
in the debate of the deficit crisis. a spokesman for john boehner telling "the huffington post," "we can't keep chasing ever-higher washington spending with ever-higher taxes because it diminishes our children and grandchildren's future." does bringing children into the issue at all change the debate? >> well, i mean, state of the unions end up being about a vision, right? where do you want to take the country over the next year and then some. and in particular, i think for the president, it's his second term. at the end of the day, this is about where he wants to leave the country once he leaves office. emphasizing the economy, jobs, is obviously smart because that's the issue that matters most for the country, but it's also smart because that's where i think most people realize we still have work to do. we've done an enormous amount of recovery over the last four years, in particular where we'd been, but obviously, there's more work to be done. the question is, how do you do it? i think that's where i think the president's going to really kind of hone into and really emphasize the fact that w
talking about the deficit. >> really? oh, yes. eric cantor to the rescue. he is ready to save the republican image and put a stop to the electoral college losses, right? of course, this is not the first time eric cantor has tried to save the party. you see, it actually is the fourth attempt that he has had. in 2009, cantor held a pizza party, remember that? with jeb bush and mitt romney by launching the national council for a new america that didn't work. a year later, cantor was back at it. he was one of the young guns ready to take the republican party by storm. >> there is a better way, and a new team is ready to bring america back. eric cantor, kevin mccarthy, paul ryan joined by common-sense conservative candidates from across the country. together, they are ready to make history. together they are the young guns. >> the good old days. in 2011, cantor launched the you cut program. he wanted to get the public to vote on weekly cuts to federal government. another year, another failure. so today cantor launched the "making life work" campaign. he is trying desperately to avo
Search Results 0 to 49 of about 108 (some duplicates have been removed)